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Topic: Has anything ever outperformed bitcoin returns? - page 2. (Read 1626 times)

hero member
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Merit: 1000
https://youtu.be/PZm8TTLR2NU
right from where bitcoin started to the all time high, what is the return on investment?

Has anything outperformed it in the past or present?

The approx. $600 valuation right now is still totally Mickey Mouse compared to the potential upside of this tech. If this stuff lives up to its potential, then the price right now will seem like single digits do right now.
$600 will seem like pennies in a few years.
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
With most investments I would be happy with a 10% ROI. I can't think of anything that approaches bitcoin.
newbie
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Word cup betting?...  Wink
hero member
Activity: 667
Merit: 500
right from where bitcoin started to the all time high, what is the return on investment?

Has anything outperformed it in the past or present?

The approx. $600 valuation right now is still totally Mickey Mouse compared to the potential upside of this tech. If this stuff lives up to its potential, then the price right now will seem like single digits do right now.
legendary
Activity: 1722
Merit: 1004
right from where bitcoin started to the all time high, what is the return on investment?

Has anything outperformed it in the past or present?


You have to actually pick a reasonable starting timeframe. From January 3rd 2009 when they were worth nothing to the first trade when they were worth something? No, I doubt anything has bested infinity percent...

And it's probably not reasonable to use the first few recorded trades as a starting point, since the volume was so low. As your start point, maybe pick the first month where total trading volume was over $5M (that's still tiny!) or something...


But to answer your question without being either precise or pedantic, I think during Uber's last raise ($1.2B at a $17B valuation), it was noted that their seed rounds had returned better ROI than bitcoin, and that people couldn't really think of anything else that had.
hero member
Activity: 784
Merit: 1000
https://youtu.be/PZm8TTLR2NU
right from where bitcoin started to the all time high, what is the return on investment?

Has anything outperformed it in the past or present?
Oil saw pretty similar gains in the early days of the internal combustion engine.
legendary
Activity: 4410
Merit: 4788
governments get oil for free by shooting iraqi's, and sell tanker trucks of the stuff for thousands

surgeons do operations on people for the cost of 2 scalpals, a bunch of sutures. and receive a $10k per operation bill payment

companies bottle water, where the main cost is a couple cents for the plastic bottle. and sell it for a couple dollars

jokes aside..

a red paper clip bartered its way to buy a house
http://en.wikipedia.org/wiki/One_red_paperclip

hero member
Activity: 756
Merit: 502
right from where bitcoin started to the all time high, what is the return on investment?

Has anything outperformed it in the past or present?
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